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Lucila

Update on Lucila

The member is Ms. Lucila whose daily activities are varied. She earns a living in livestock farming, raising dairy cattle, the milk and cheese from which she also sells. The member has been in this business for years and by it has gotten her family ahead. The member sells cheeses and milk in the Saturday market at a downtown marketplace. The member also devotes herself to crop farming, planting potatoes and corn which are also for sale to her customers who request it. She is a responsible person with a strong desire to keep working on behalf of her family.

The member is seeking the loan for the purchase of a dairy cow.
View original language description ↓
La socia es la Sra. Lucila;La socia se alterna sus atividades diarias dedicandose a la ganaderia ella cuenta copn vacas lecheras de las cuales tambien vende leche y querso ,la socia lleva años en este negocio el cual mediante este la socia saca adelante a su familia,la socia vende quesos y leche en las ferias del los dias sabados en un merado por el centro de la ciudad,la socia a la vez se dedica a la agricultura sembrando papa y maiz para tambien venderlo a sus clientes que le solicitan, ella es una persona responsable y con muchas ganas de seguir trabajando por su familia.

La socia solicita el préstamo para la compra de una vaca lechera.

Previous Loan Details

Lucila is a member of the "Mujeres en Acción" community bank which is located in Compone district, in Anta province, in Cusco department. Lucila is 35 years old, married, and has three children aged 18, 17 and 8. Her business is selling products retail. She sells fresh milk and also cheese f... More from Lucila's previous loan »

Additional Information

Important Information

About Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Peru

  • $12,000
    Average annual income
  • 87
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Lucila to purchase a dairy cow.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2012
Listed
Jan 27, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012
This photo was used before for a previous loan for Lucila. It was first posted on Kiva on Jul, 2011. Learn More